Relating to disclosures by liability insurers and policyholders to third-party claimants; providing an administrative penalty.

HB 3969 requires liability insurers and policyholders to disclose specific insurance policy details to third-party claimants who file written requests. Insurers must provide a sworn statement with policy limits, insured names, and available coverage defenses, plus copies of relevant policies, within 30 days. Policyholders must disclose insurer information and forward requests to insurers within the same timeframe. Failure to comply results in an administrative penalty of up to $500. The bill directly affects insurers, policyholders, and claimants in liability insurance disputes.